A man sells an article for Rs. 5490 at a loss of 30%. Find the cost price.
Difficulty: Medium
About this MCQ
Medium Profit and Loss Mcqs item. Correct choice: B. Rs. 7843.
- A. Rs. 8532
Why not A: “Rs. 8532” is not Rs. 7843.
- B. Rs. 7843 ✓
- C. Rs. 9400
Why not C: “Rs. 9400” is not Rs. 7843.
- D. Rs. 9800
Why not D: “Rs. 9800” is not Rs. 7843.
Correct answer
B. Rs. 7843
Explanation
Rs. 7843 (option B) is the accepted answer to “A man sells an article for Rs. 5490 at a loss of 30%. Find the cost price.”. Option A (Rs. 8532) is a different value from Rs. 7843. Option C (Rs. 9400) is a different value from Rs. 7843. Option D (Rs. 9800) is a different value from Rs. 7843. Keep Rs. 7843 as the Profit and Loss Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Profit and Loss
Submitted by: MCQsHub Editorial
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